British Virgin Islands (2006) | British Virgin Islands (2003) | |
Age structure | 0-14 years: 20.5% (male 2,403/female 2,331)
15-64 years: 74.3% (male 8,811/female 8,340) 65 years and over: 5.3% (male 636/female 577) (2006 est.) |
0-14 years: 21.9% (male 2,401; female 2,358)
15-64 years: 73.1% (male 8,181; female 7,709) 65 years and over: 5% (male 578; female 503) (2003 est.) |
Airports | 3 (2006) | 3 (2002) |
Airports - with paved runways | total: 2
914 to 1,523 m: 1 under 914 m: 1 (2006) |
total: 2
914 to 1,523 m: 1 under 914 m: 1 (2002) |
Airports - with unpaved runways | total: 1
914 to 1,523 m: 1 (2006) |
total: 1
914 to 1,523 m: 1 (2002) |
Area | total: 153 sq km
land: 153 sq km water: 0 sq km note: comprised of 16 inhabited and more than 20 uninhabited islands; includes the islands of Tortola, Anegada, Virgin Gorda, Jost van Dyke |
total: 153 sq km
land: 153 sq km water: 0 sq km note: comprised of 16 inhabited and more than 20 uninhabited islands; includes the island of Anegada |
Background | First inhabited by Arawak and later by Carib Indians, the Virgin Islands were settled by the Dutch in 1648 and then annexed by the English in 1672. The islands were part of the British colony of the Leeward Islands from 1872-1960; they were granted autonomy in 1967. The economy is closely tied to the larger and more populous US Virgin Islands to the west; the US dollar is the legal currency. | First settled by the Dutch in 1648, the islands were annexed in 1672 by the English. The economy is closely tied to the larger and more populous US Virgin Islands to the west; the US dollar is the legal currency. |
Birth rate | 14.89 births/1,000 population (2006 est.) | 15 births/1,000 population (2003 est.) |
Budget | revenues: $204.7 million
expenditures: $180.4 million; including capital expenditures of $33.8 million (1997) |
revenues: $121.5 million
expenditures: $115.5 million, including capital expenditures of $NA (1997) |
Capital | name: Road Town
geographic coordinates: 18 27 N, 64 37 W time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time) |
Road Town |
Constitution | 1 June 1977, amended in 2000 | 1 June 1977 |
Currency | - | US dollar (USD) |
Death rate | 4.42 deaths/1,000 population (2006 est.) | 4.46 deaths/1,000 population (2003 est.) |
Economic aid - recipient | $NA | NA% |
Economy - overview | The economy, one of the most stable and prosperous in the Caribbean, is highly dependent on tourism, generating an estimated 45% of the national income. An estimated 350,000 tourists, mainly from the US, visited the islands in 1998. Tourism suffered in 2002 because of the lackluster US economy. In the mid-1980s, the government began offering offshore registration to companies wishing to incorporate in the islands, and incorporation fees now generate substantial revenues. Roughly 400,000 companies were on the offshore registry by yearend 2000. The adoption of a comprehensive insurance law in late 1994, which provides a blanket of confidentiality with regulated statutory gateways for investigation of criminal offenses, made the British Virgin Islands even more attractive to international business. Livestock raising is the most important agricultural activity; poor soils limit the islands' ability to meet domestic food requirements. Because of traditionally close links with the US Virgin Islands, the British Virgin Islands has used the US dollar as its currency since 1959. | The economy, one of the most stable and prosperous in the Caribbean, is highly dependent on tourism, generating an estimated 45% of the national income. An estimated 350,000 tourists, mainly from the US, visited the islands in 1998. Tourism suffered in 2002 because of the lackluster US economy. In the mid-1980s, the government began offering offshore registration to companies wishing to incorporate in the islands, and incorporation fees now generate substantial revenues. Roughly 400,000 companies were on the offshore registry by yearend 2000. The adoption of a comprehensive insurance law in late 1994, which provides a blanket of confidentiality with regulated statutory gateways for investigation of criminal offenses, is expected to make the British Virgin Islands even more attractive to international business. Livestock raising is the most important agricultural activity; poor soils limit the islands' ability to meet domestic food requirements. Because of traditionally close links with the US Virgin Islands, the British Virgin Islands has used the dollar as its currency since 1959. |
Electricity - consumption | 32.13 million kWh (2003) | 35.43 million kWh (2001) |
Electricity - exports | 0 kWh (2003) | 0 kWh (2001) |
Electricity - imports | 0 kWh (2003) | 0 kWh (2001) |
Electricity - production | 34.55 million kWh (2003) | 38.1 million kWh (2001) |
Electricity - production by source | - | fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (2001) |
Executive branch | chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor David PEAREY (since 18 April 2006)
head of government: Chief Minister Dr. Orlando D. SMITH (since 17 June 2003) cabinet: Executive Council appointed by the governor from members of the Legislative Council elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed chief minister by the governor |
chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Tom MACAN (since 14 October 2002)
head of government: Chief Minister Orlando SMITH (since 17 June 2003) cabinet: Executive Council appointed by the governor from members of the Legislative Council elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed chief minister by the governor |
Exports | NA bbl/day | NA (2001) |
Exports - partners | Virgin Islands (US), Puerto Rico, US (2004) | Virgin Islands (US), Puerto Rico, US |
GDP | - | purchasing power parity - $320 million (2002 est.) |
GDP - per capita | - | purchasing power parity - $16,000 (2002 est.) |
Highways | - | total: 177 km
paved: 177 km unpaved: 0 km (2000) |
Illicit drugs | transshipment point for South American narcotics destined for the US and Europe; large offshore financial center makes it vulnerable to money laundering | transshipment point for South American narcotics destined for the US and Europe; large offshore financial center |
Imports | NA bbl/day | NA (2001) |
Imports - partners | Virgin Islands (US), Puerto Rico, US (2004) | Virgin Islands (US), Puerto Rico, US |
Industrial production growth rate | NA% | NA |
Infant mortality rate | total: 16.72 deaths/1,000 live births
male: 19.5 deaths/1,000 live births female: 13.79 deaths/1,000 live births (2006 est.) |
total: 18.8 deaths/1,000 live births
male: 21.86 deaths/1,000 live births female: 15.6 deaths/1,000 live births (2003 est.) |
Inflation rate (consumer prices) | 2% (2005) | 2.5% (2002) |
International organization participation | Caricom (associate), CDB, Interpol (subbureau), IOC, OECS (associate), UNESCO (associate), UPU | Caricom (associate), CDB, ECLAC (associate), Interpol (subbureau), IOC, OECS (associate), UNESCO (associate) |
Internet Service Providers (ISPs) | - | 16 (2000) |
Irrigated land | NA | NA sq km |
Labor force | 12,770 (2004) | 4,911 (1980) |
Labor force - by occupation | agriculture: 0.6%
industry: 40% services: 59.4% |
agriculture NA%, industry NA%, services NA% |
Land use | arable land: 20%
permanent crops: 6.67% other: 73.33% (2005) |
arable land: 20%
permanent crops: 6.67% other: 73.33% (1998 est.) |
Legislative branch | unicameral Legislative Council (13 seats; members are elected by direct popular vote, 1 member from each of nine electoral districts, 4 at-large members; members serve four-year terms)
elections: last held 16 May 2003 (next to be held in 2007) election results: percent of vote by party - NA%; seats by party - NDP 8, VIP 5 |
unicameral Legislative Council (13 seats; members are elected by direct popular vote, one member from each of 9 electoral districts, four at-large members; members serve four-year terms)
elections: last held 16 May 2003 (next to be held NA 2007) election results: percent of vote by party - NA%; seats by party - NDP 8, VIP 5 |
Life expectancy at birth | total population: 76.68 years
male: 75.56 years female: 77.84 years (2006 est.) |
total population: 76.06 years
male: 75.07 years female: 77.1 years (2003 est.) |
Maritime claims | territorial sea: 3 nm
exclusive fishing zone: 200 nm |
exclusive fishing zone: 200 NM
territorial sea: 3 NM |
Merchant marine | registered in other countries: 1 (North Korea 1) (2006) | total: 1 ship (1,000 GRT or over) 19,203 GRT/28,864 DWT
ships by type: cargo 1 (2002 est.) |
Net migration rate | 9.22 migrant(s)/1,000 population (2006 est.) | 10.45 migrant(s)/1,000 population (2003 est.) |
Population | 23,098 (July 2006 est.) | 21,730 (July 2003 est.) |
Population growth rate | 1.97% (2006 est.) | 2.1% (2003 est.) |
Ports and harbors | - | Road Town |
Radio broadcast stations | AM 1, FM 5, shortwave 0 (2004) | AM 1, FM 4, shortwave 0 (1998) |
Railways | - | 0 km |
Sex ratio | at birth: 1.05 male(s)/female
under 15 years: 1.03 male(s)/female 15-64 years: 1.06 male(s)/female 65 years and over: 1.1 male(s)/female total population: 1.05 male(s)/female (2006 est.) |
at birth: 1.05 male(s)/female
under 15 years: 1.02 male(s)/female 15-64 years: 1.06 male(s)/female 65 years and over: 1.15 male(s)/female total population: 1.06 male(s)/female (2003 est.) |
Telephone system | general assessment: worldwide telephone service
domestic: NA international: country code - 1-284; submarine cable to Bermuda |
general assessment: worldwide telephone service
domestic: NA international: submarine cable to Bermuda |
Telephones - main lines in use | 11,700 (2002) | 10,000 (1996) |
Telephones - mobile cellular | 8,000 (2002) | NA |
Total fertility rate | 1.72 children born/woman (2006 est.) | 1.72 children born/woman (2003 est.) |
Unemployment rate | 3.6% (1997) | 3% (1995) |
Waterways | - | none |